The U.S. is best positioned to keep the global economy from an acute slowdown in 2013, a leading forecaster says. Matthew Walter reports on Markets Hub. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... I ... the best hope for growth in twenty thirteen in the emerging markets know isn't scrutiny as Europe and it's not really tiny know it might be ... United States of America morning I will will come to the markets of mine Paul vignette ... joins us ... from Matt Walter this morning to the are talking about ... twenty thirteen growth prospects ... are you report in the new report from the Conference Board ... which really says look the best hope in twenty thirteen is the US ... yet it's so aam did not are overly optimistic forecasts really ... because you know for the press the outlook is that the U S economy will slow in twenty thirteen ... what they do highlight of the report is that there is some ... upside potential before the U S a surprise given what they're really talking about there is the strength of the U S consumer which we've seen ... despite all the uncertainty in the lead the ... unit has a good towards the end of this year with the U S election and the fiscal cliff coming up ... is is is a really retrench and pull back on their spending by consumers continued to be fairly optimistic ranked conference room for the produce order that the consumer sentiment survey is to sell beer really well known for that to you assume that they have a pretty good handle on that ... stupid people that line from Star Wars toys and ... stuff like that ... we feel its a treaty can stay in the state of the expected time twenty twelve GDP the US Billboard one point he for one of the rate down from about two point winners here that's not a strong number than their GDP number their protection for the global GDP ... only three percent ... which if memory serves was of no one was into thousandeight ... I believe so I didn't get to ... you know what I like the flu shot ... so I mean these are not strong numbers ... what's going on with the emerging markets is the last few years emerging markets in relief ... right ... so that's the other big shifted to talk about ... this report is that ... era through two thousand ten two thousand eleven ... emerging markets continued to ... you know invests in and big ways and infrastructure ... and new production capacity ... a big sort of they caught catch up spending time as their economies kind of catch up to the tothe belts world ... and they're expecting that in the coming years that's really gonna slow down ... and so they're producing a pretty dramatic I'm you know ... Audi over the next two decades ... as these DeltaCom developing economies to rebalance ... aam and then back off from the SketchUp spending that their birth rates are really can level off and go down ... now I get ... to that dynamic is going on we know what's going on in Europe are and in Europe is just to the very very bad state right now ... China ... with so much on him into action in the leadership change they begin ... on the use to be pretty easy right at the U S has grown to the rest of the world with it ... is it still ABC ... well it's it's that that I think this is sort of the time ... yet here we are getting at is that the pessimistic outlook really prayed for the average height was your idea is that as a matter where you know there's you know obviously Japan and Europe are going to write ... basically and mention ... you know when you compare the United States to the rest the developed world's end of two percent growth to twenty percent growth but they're expecting him over the next six or seven years ... Axes pretty good when compared to Europe which I think they're expecting like one point three ... Japan around one percent ... ALM so ... that you know ... big upside surprise engine for global ... economic growth ... kind of design in the sport has yet ... to be optimistic is we are we are optimistic here at the ... market some ... really really are what say we get a deal in the fiscal cliff ... December perched ... on actually it's never gonna happen but I'm holding out for re ... get in until early ... Congress comes to the White House comes yet ... how how much of the sentiment changing the theme that would be ... and maybe we would have a better twenty thirty ... so within a point to which ... you know ... it's when talking about is the business spending on you know ... in non defense capital goods I'm ... and intervene asserting in the third quarter in the fourth quarter this year started going down ... the key measure of business spending on consumer durables this is the dominion of it dipped into recessionary territory ... this video is not an exception right so ... this is obviously businesses that are based CEOs are just pulling back amid all this uncertainty ... it's something like when you suspend happens then presumably there's a lot of pent-up demand that's gonna ... get unleashed ... in red in the first quarter of next year which could ... give U S economy a nice job ... that's the optimistic here I